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We expect PL to trend upwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY events in Japan, we expect a $1596 movement on PL within 2 hours following the event release at 2023-12-21 23:30. We expect PL to trend upwards 2 hours following the event release at 2023-12-21 23:30 if the released value is > 2.6%

Historical events that allowed us to draw this conclusion

23 Nov 23:30
17 Aug 23:30
18 May 23:30
23 Feb 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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